MNI China Daily Summary: Friday, June 28

MNI BRIEF: PBOC Pledges to Curb Any Overshoot Of The Yuan: MPC

MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC CONDUCTS CNY50 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1268 Fri; -0.32% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1268 FRI VS 7.1270

Inflation Slowed in June, Shaking Off May Hotel Price Jump

Broad-based Deceleration In June Core Metrics

MNI: ITALY JUN FLASH HICP +0.2% M/M, +0.9% % Y/Y; MAY +0.8% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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Anglo American (Baa2/BBB): Strategy Update

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Same fate for the SA assets as BHP had proposed. Equity investors will welcome the action on Woodsmith but some may feel it doesn’t go far enough. It remains to be seen if investors see enough here, who may still push for engagement. Spreads may price out the takeover a little but there is more to go in the story, we don’t expect a big move on this.


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Same fate for the SA assets as BHP had proposed. Equity investors will welcome the action on Woodsmith but some may feel it doesn’t go far enough. It remains to be seen if investors see enough here, who may still push for engagement. Spreads may price out the takeover a little but there is more to go in the story, we don’t expect a big move on this.


Keep reading...Show less